Discuss the basis of classifying cash flows arising from interest paid.

Interest paid:
- AASB107 provides guidance as to the classification of interest paid as an operating cash flow.
- However,there is a view that interest paid is a financing cash flow.
- Where interest costs relate to the provision of working capital,they are seen as operating; however,in relation to the acquisition of a qualifying asset,they may be regarded as an investing cash flow.